Jefferies Adjusts Uni-President China Holdings' Price Target to HK$11.10 From HK$9.98, Keeps at Buy

MT NewswiresMay 9 17:07 · Ratings

Expectations for boosting domestic demand strengthen. ANDRE JUICE (02218) rises over 36%, leading beverage stocks.

Jinwu Financial News | ANDRE JUICE (02218) saw a strong rise in share price in the morning, reaching a high of 24.5 HKD, breaking the 52-week high, currently reported at 19.58 HKD, still up 36.35%, with a trading volume of 0.506 billion HKD. In addition, the beverage stock U-PRESID CHINA (00220) rose 8.24%, reported at 9.72 HKD, and China Resources Beverage (02460) rose 1.22%. Soochow stated that as the consumption stimulus policy is implemented, the total revenue of dining enterprises above the designated size may show more obvious month-on-month recovery, and it is recommended to pay attention to the recovery elasticity. Kinetic Securities mentioned that the overall trend of the CSI SWS Food & Beverage index in 2025.

Jinwu Financial NewsMay 9 10:47

Daiwa has raised U-PRESID CHINA (00220.HK) Target Price to 10 yuan and reiterated the "Buy" rating.

Daiwa published a report stating that U-PRESID CHINA (00220.HK) achieved a 32% profit growth in the first quarter compared to the same period last year, in line with the bank's forecast but significantly higher than the market's expectation of a 14% growth for the first half of this year. The bank noted that the company's growth is notably better than Kangshifu (00322.HK), which may record a year-on-year decline in revenue for the first quarter. Therefore, the rating for U-PRESID CHINA is reiterated as 'Buy' due to its rapid increase in market share and strong performance of new products. The Target Price is raised from 9.7 yuan to 10 yuan.

AASTOCKSMay 9 10:45

Express News | Some beverage stocks in the Hong Kong stock market have strengthened, with ANDRE JUICE rising nearly 70%.

BreakingsMay 9 10:21

CICC: Maintain U-PRESID CHINA's "Outperform Industry" rating and raise the Target Price to HKD 10.5.

CICC released a Research Report stating that U-PRESID CHINA (00220) announced its 1Q25 operating conditions, with overall revenue growth in the low double digits, Net income of 0.602 billion yuan, +32% year-on-year, exceeding market expectations, mainly due to the improvement in beverage gross margin and better-than-expected cost reduction. The company is currently trading at 16/14 times the P/E ratio for 25/26 years. Considering the better-than-expected margin improvement, the profit forecast for 25/26 has been raised by 3.1%/3.2% to 2.22/2.54 billion yuan, the Target Price is raised by 7% to 10.5 Hong Kong dollars, corresponding to 19/17 times the P/E ratio for 25/26 and a 17% upside potential, maintaining an outperform rating.

Sina Hong Kong StockMay 9 09:57

Hong Kong stocks movement | U-PRESID CHINA (00220) rises over 7%, and net profit in the first quarter increases by 32% year-on-year, driven by the improved profit margins of beverages leading to significant growth in the company's core profits.

U-PRESID CHINA (00220) rose over 7%, as of the time of writing, it increased by 7.35%, priced at 9.64 Hong Kong dollars, with a transaction volume of 25.1663 million Hong Kong dollars.

Zhitong FinanceMay 9 09:38